I had a decent little trade on VSR today, but this Challenge student who I previously wrote about HERE had an amazing trade right here...memorize it...it's how you can turn $700 into $5,000 overnight, HUGELY important for anyone with a small account
Posted Oct 16, 14 12:56 PMbytimothysykes
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Tim, PolisB bought SIMH Friday afternoon, but even with Ebola as the catalyst, how do you know that's the stock to put your money? There were a lot of stocks he could have bet on. In that situation, what specifically are you looking for in conjunction with the Ebola catalyst to confidently buy that stock? Great video by the way!
This was my very first short trade, shorted VSR @ 6.27 on a bounce after it cracked major support @ 6.60, tried to cover @ 5.94, but my Suretrader platform crashed. Panicking, i got back in and covered @ 6.08, still got 19cents instead of 33cents eventhough things went extremely wrong. It was a very small win but, I followed the correct principles and my trade plan from Tim's DVDs and video lessons. WAITED FOR A CRACK, SHORTED INTO THE BOUNCE, TOOK PROFITS.
Great Job :)
@Drinkman Nicely done!
Nice trade by PolisB congrats a lot
Tim you are so right in this video . we pay 5700 to be your challenge student and to have stockstotrade but the things we learn is for life so is it worth it HELL YEA... I make small trades here now learning this and when i feel that i have learned this i will start trading with the bigger amounts.. Thank you for all
@sykes_next_millionaire you asked me "what else am I looking at other than Ebola news", what I saw that I liked about $SIMH was the low amount of shares outstanding and it's market cap, I think at .07 it had a market cap just over $2 million, which means theoretically Tim could afford to buy the entire SIMH Company for $2 million, pretty cheap when you compared it to the other ebola stocks, so that's 1 thing, I also liked the PR about 100 thermometers shipped to airports.
@PolisB I see, so the thermometer news had already broken. I'm still learning how to step back and look at the whole picture, considering all the angles and recognizing what aspects make a trade attractive. It's tough right now, but watching and learning from individuals like yourselves, I'll get there one day! Thank you!
Made some really STUPID STUPID trades this week, as a newbie. Disregarded the lessons I've learnt and playing with emotion and ego! Watching lessons and rethinking my weaknesses, this video is a massive reminder of whats achievable when you stick to your rules! Great video, massive congrats to Polis B, awesome awesome awesome trade!!
Thank you!
these are the stocks that get me excited... stick to the rules and stay on the right track!... gotta get on this track....
watched!
watched
catalyst + good pattern set up, is a good trade. sometimes the best trade is NO trade
The core teachings of this lesson is that no matter what side of a trade you take as long as you had a Thesis based on indicators and the 5 rules of trading success you will increase your chances of success as long as you follow the Rules Cutting losses taking profits Protecting your account live to fight another day. (y)
Trading does not have to be scary. As long as you follow the rules, and trade high odds patterns, you cut out a lot of risk!
Congrats! - Study! Push your MIND the body will FOLLOW! #mentaltrading
TY Tim
Great lesson on having great to short early on these choppy stocks as support can get taken out quick and you'll miss it.
great
Thank you
watch and learning.
Thanks tim
Swell
Thanks Tim
Lessons 2147 - 2149:
Lessons 2147-2149: when a price goes Red on the day it leads to a Huge momentum shift, (10/16/14) Thanks Tim.
Good work Polis🅱️
thanks tim!
when stock goes red it can breakdown huge
risk little and focus on good trades! Dont be afraid to pull the trigger knowing that you are ready to get out at a moments notice if the stock doesn't do what I want
Thanks Tim
Video watched. Thanks Tim.
#FutureMillionaire
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Thanks Tim
Thanks Tim!
Awesome! Thanks Tim!
Thanks Tim
Thanks Tim!
Thank you
Thanks for the lessons boss
Thank You Tim! RULE#1!!!!!!!
Thankyou Tim!
Thank you Tim.
Thank you Tim.
2nd watch
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